AP

[varma.]

4.Which of the following is not a status of payment batch processing
(a) Built
(b) Formatted
(c) Can?t process
(d) Confirmed


6.In Oracle Payables, If we want to reduce the amount payable to a vendor, We may create
(a)Debit Memo
(b)Credit Memo
(c)Both a & b
(d)Adjustment

7.Which of the following details are mandatory for a supplier if the payment method is electronic?
(a) Bank
(b) Wire
(c) Cheque
(d) None of above

8. Which standard feature of Oracle Payables will be useful for deducting the Tax amount, TDS (Tax Deduction at
Source) , before making payments to Vendors. The TDS amounts need to be deposited to a Tax Authority at a
later point of time
(a)Credit Memo
(b) With Holding Tax
(c) Negative distribution lines on the Invoice
(d) None of the above

9.PPR Stands for
(a)Preliminary payment register
(b)Primary point register
(c)Primary pay register
(d)None of these

10.What is the program you use for transferring the data to GL
(a)Payables transfer to General ledgerL
(b)Transfer transactions to Genera Ledger
(c)Payables tracking to general ledger
(d)None of these

12. Can schedule payment batch sets for automatic submission at regular intervals.
(a)Yes
(b)No
(c)Can?t say
(d)None of above

14. At the time of closing AP Period, there should be no batch with the following status
(a) Confirmed
(b) Cancelled
(c) Formatted
(d) None of the above

15. ___________ is a group of windows that you use to enter, adjust, and review your invoices and
Invoice batches.
(a) Invoice hierarchy windows
(b) Invoice workbench
(c) Invoice action hierarchy windows
(d)None of above

19. When you create a _____________ you can select an invoice regardless of the payments terms and due date.
(a) Quick payment
(b) Detail payment
(c) Manual Payment
(d) None of above

20. Which of the following is not a Quick Payment Prerequisites
(a) Enable the Allow Pre?Date Payables option
(b) Enable the Allow Print Payables option,If wanted to print checks
(c) The bank account must have at least one payment document that uses the Computer Generated or Combined disbursement type.
(d)None of above
21. _________groups several payment batches together so you can simultaneously submit the selection, build, or format process for each payment batch in the set.
(a)Payment workbench
(b)Payment batch set
(c)both (a)&(b)
(d)None of above

25. Can I run two payment batch processes concurrently for the same bank account?
(a)Yes
(b)No
(c)Can?t say
(d)None of above

Short Answer Questions :
3.How can we sweep transactions to the next period?
4.How do we identify the problematic transactions while closing the AP periods?
5. List out various statuses of the Payment Batch while processing Batch Payments in Payables?
7.Can we delete the payment batch? Provide one scenario under which we cannot delete the payment batch?
9.What is paygroup?

[anusha_rao]

hi
i dont know why you have put this questionaire.i shal give answers so that they can be useful for others.
4)cant process
6)debit memo
7)wire
credit memo
9)Preliminary payment register
10)Payables transfer to General ledgerL
12)yes
13)formatted
21)Quick payment
9)pay group allows you to segregate different payments such as employee,supplier etc
regards
rao
apps consultant
chennai
india

5)select,built ,format,confirm

25)yes
20)Payment batch set

3)yes
7)yes
9)

[murali95]

4.Which of the following is not a status of payment batch processing
(a) Built
(b) Formatted
(c) Can?t process
(d) Confirmed

C


6.In Oracle Payables, If we want to reduce the amount payable to a vendor, We may create
(a)Debit Memo
(b)Credit Memo
(c)Both a & b
(d)Adjustment

C

7.Which of the following details are mandatory for a supplier if the payment method is electronic?
(a) Bank
(b) Wire
(c) Cheque
(d) None of above

A


8. Which standard feature of Oracle Payables will be useful for deducting the Tax amount, TDS (Tax Deduction at
Source) , before making payments to Vendors. The TDS amounts need to be deposited to a Tax Authority at a
later point of time
(a)Credit Memo
(b) With Holding Tax
(c) Negative distribution lines on the Invoice
(d) None of the above

B


9.PPR Stands for
(a)Preliminary payment register
(b)Primary point register
(c)Primary pay register
(d)None of these

A

10.What is the program you use for transferring the data to GL
(a)Payables transfer to General ledgerL
(b)Transfer transactions to Genera Ledger
(c)Payables tracking to general ledger
(d)None of these

A

12. Can schedule payment batch sets for automatic submission at regular intervals.
(a)Yes
(b)No
(c)Can?t say
(d)None of above


C


14. At the time of closing AP Period, there should be no batch with the following status
(a) Confirmed
(b) Cancelled
(c) Formatted
(d) None of the above

C


15. ___________ is a group of windows that you use to enter, adjust, and review your invoices and
Invoice batches.
(a) Invoice hierarchy windows
(b) Invoice workbench
(c) Invoice action hierarchy windows
(d)None of above

B


19. When you create a _____________ you can select an invoice regardless of the payments terms and due date.
(a) Quick payment
(b) Detail payment
(c) Manual Payment
(d) None of above

C

20. Which of the following is not a Quick Payment Prerequisites
(a) Enable the Allow Pre?Date Payables option
(b) Enable the Allow Print Payables option,If wanted to print checks
(c) The bank account must have at least one payment document that uses the Computer Generated or Combined disbursement type.
(d)None of above


21. _________groups several payment batches together so you can simultaneously submit the selection, build, or format process for each payment batch in the set.
(a)Payment workbench
(b)Payment batch set
(c)both (a)&(b)
(d)None of above

B

25. Can I run two payment batch processes concurrently for the same bank account?
(a)Yes
(b)No
(c)Can?t say
(d)None of above

Yes

Short Answer Questions :

3.How can we sweep transactions to the next period?
Using Sweep option while closing the period

do we identify the problematic transactions while closing the AP periods?

Using the Report, when u try to clopse a AP period with problomatic transactions , the system will not allow and u can verify this in this report

5. List out various statuses of the Payment Batch while processing Batch Payments in Payables?

create, build, format, confirmed and cancelled


7.Can we delete the payment batch? Provide one scenario under which we cannot delete the payment batch?

We can cancel a payment batch and even this only upto confirmed status but once confirmed we cannot.

9.What is paygroup?

It is used to group invoices to be paid in a same batch.. generally it is used using automatic payment processing..



To the best of my knowledge i have provided the solutions others can contradict if there are any errors.

Thanks,
Murali.